'Targeted moves' will help secure yearly goal
By Zhao Yinan | China Daily | Updated: 2014-06-11 07:14
Premier Li Keqiang said China will target "prominent problems" in the economy and precisely and appropriately fine-tune policies in a timely manner to keep it running within a reasonable range.
An optimal combination of policy tools will be used in macroeconomic control, and China will focus more on "targeted adjustment" - instead of big stimulus - to achieve the annual growth target of about 7.5 percent, he said on Tuesday.
"China's economy, after the high-speed expansion of three decades, still has the conditions and the ability to leap over the middle-income trap and keep the economy moving at an intermediate and high speed for a longer period of time," he said.
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